Norbert Dentressangle begins operating as XPO Logistics

XPO Logistics announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle SA held by Norbert Dentressangle and his family, representing 67% of the company’s outstanding shares, at a price of €217.50 per share.

Bradley Jacobs, Chairman and Chief Executive Officer of XPO Logistics said, “We’re delighted to welcome the customers, employees and suppliers of Norbert Dentressangle to XPO. This combination is an important step in the continued execution of our growth strategy.”

Following the acquisition Norbert Dentressangle has begun operating as XPO Logistics and the company will adopt XPO Logistics branding.